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SKF Reports Q3 Net Profit of SEK 1.78 Billion, Up From SEK 1.29 Billion

SKF reported third-quarter net profit of SEK 1.78 billion, compared with SEK 1.29 billion a year earlier.

SKFA

STOCKHOLM (dpa-AFX) - SKF AB (SKF-B.ST), a Swedish engineering and manufacturing company, on Wednesday reported higher net income in the third quarter compared with the previous year.For the third quarter, net profit increased to SEK 1.78 billion from SEK 1.29 billion in the previous year.Basic ear…